Merit Tax Provision from 2010 to 2026

MM3 Stock  EUR 70.00  1.00  1.45%   
Merit Medical's Tax Provision is increasing over the last several years with slightly volatile swings. Tax Provision is estimated to finish at about 35.8 M this year. Tax Provision is the amount set aside by Merit Medical Systems to cover any estimated taxes for the current period. It reflects Merit Medical's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
10.8 M
Current Value
10.8 M
Quarterly Volatility
4.2 M
 
Covid
 
Interest Hikes
Check Merit Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Merit Medical's main balance sheet or income statement drivers, such as Interest Expense of 37.7 M, Selling General Administrative of 307 M or Total Revenue of 1 B, as well as many indicators such as . Merit financial statements analysis is a perfect complement when working with Merit Medical Valuation or Volatility modules.
  
This module can also supplement various Merit Medical Technical models . Check out the analysis of Merit Medical Correlation against competitors.
The Tax Provision trend for Merit Medical Systems offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Merit Medical is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Merit Medical's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Merit Medical Systems over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Merit Medical's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Merit Medical's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Merit Tax Provision Regression Statistics

Arithmetic Mean10,401,522
Geometric Mean7,988,655
Coefficient Of Variation113.54
Mean Deviation8,891,151
Median5,265,000
Standard Deviation11,810,016
Sample Variance139.5T
Range39.2M
R-Value0.67
Mean Square Error82.4T
R-Squared0.45
Significance0
Slope1,561,847
Total Sum of Squares2231.6T

Merit Tax Provision History

202635.8 M
202534.1 M
202429.6 M
202317.7 M
20228.1 M
20215.5 M
2020-3.4 M

About Merit Medical Financial Statements

Merit Medical stakeholders use historical fundamental indicators, such as Merit Medical's Tax Provision, to determine how well the company is positioned to perform in the future. Although Merit Medical investors may analyze each financial statement separately, they are all interrelated. For example, changes in Merit Medical's assets and liabilities are reflected in the revenues and expenses on Merit Medical's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Merit Medical Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision34.1 M35.8 M

Currently Active Assets on Macroaxis

When determining whether Merit Medical Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Merit Medical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Merit Medical Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Merit Medical Systems Stock:
Check out the analysis of Merit Medical Correlation against competitors.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Understanding that Merit Medical's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Merit Medical represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Merit Medical's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.